Intel Corp (INTC)

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Intel says to delay next version of Itanium chip
Mon Oct 24, 2005 02:52 PM ET
SAN FRANCISCO, Oct 24 (Reuters) - Intel Corp. (INTC.O: Quote, Profile, Research) said on Monday it was delaying the next version of its high-end Itanium chip until the middle of 2006, citing quality issues.
The world's largest chipmaker now plans to begin volume production of the next version of its Itanium chip that is code-named Montecito in the middle of 2006, pushing it back from its initial plans for volume production in the first quarter of next year, Intel said.

"We're not going into details on the specifics of the processor other than to say we're not satisfied with the quality right now," said Intel spokesman Scott McLaughlin.